Global Automotive End-point Authentication Market: Snapshot
Keen companies operating in the global automotive
end-point authentication market have two key strategies for
growth – carefully-considered acquisitions and product development
through research and development. This has made competition stiff in
the market. New players, however, find it difficult to foray into the
market on account of the substantial upfront capital required for
setting up of manufacturing units for automotive end-point
authentication. Hence, there are just a handful of small and medium
sized companies in the market.
Majorly fuelling the market is the stringent regulatory requirements
in different parts of the world that are compelling automobile
manufacturers to develop vehicles having improved safety and security
features, leveraging end-point authentication as a major technology.
Besides, automotive end-point authentication technology aids in
stemming thefts and damages to vehicles. This is also expected to
catalyze growth in the market.
Browse The Report:
http://www.transparencymarketresearch.com/automotive-endpoint-authentication-market.html
A report by Transparency Market Research forecasts the global
automotive end-point authentication market to expand at a healthy
8.6% CAGR from 2017 to 2025. At this rate, the market is expected to
reach a value of US$1.115 million by 2025 from US$0.504 million in
2017.
Global Automotive End-point Authentication Market: Snapshot
Keen companies operating in the global automotive end-point
authentication market have two key strategies for growth –
carefully-considered acquisitions and product development through
research and development. This has made competition stiff in the
market. New players, however, find it difficult to foray into the
market on account of the substantial upfront capital required for
setting up of manufacturing units for automotive end-point
authentication. Hence, there are just a handful of small and medium
sized companies in the market.
Majorly fuelling the market is the stringent regulatory requirements
in different parts of the world that are compelling automobile
manufacturers to develop vehicles having improved safety and security
features, leveraging end-point authentication as a major technology.
Besides, automotive end-point authentication technology aids in
stemming thefts and damages to vehicles. This is also expected to
catalyze growth in the market.
A report by Transparency Market Research forecasts the global
automotive end-point authentication market to expand at a healthy
8.6% CAGR from 2017 to 2025. At this rate, the market is expected to
reach a value of US$1.115 million by 2025 from US$0.504 million in
2017.
About Us
Transparency Market Research
(TMR) is a next-generation provider of syndicated research,
customized research, and consulting services. TMR’s global and
regional market intelligence coverage includes industries such as
pharmaceutical, chemicals and materials, technology and media, food
and beverages, and consumer goods, among others. Each TMR research
report provides clients with a 360-degree view of the market with
statistical forecasts, competitive landscape, detailed segmentation,
key trends, and strategic recommendations
U.S. Office
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free:
866-552-3453
Email:
sales@transparencymarketresearch.com
Website:
www.transparencymarketresearch.com
No comments:
Post a Comment